Greater Noida(Tech Desk): CarTrade Tech Limited, announced its unaudited financial results for the quarter ended June 30th, 2025. In Q1FY26, the Company reported its highest-ever quarterly revenue of ₹198.50 crores, representing a 27% year-on-year (YoY) growth, and Profit After Tax (PAT) of ₹47.06 crores, up 106% YoY.
Segment Performance – Q1FY26
- The Consumer Group continued to scale profitably, delivering 32% YoY revenue growth and 79% YoY PAT growth.
- The Remarketing Business posted robust results with 36% YoY revenue growth and 258% YoYPAT growth.
- OLX India maintained momentum with 71% YoY growth in profits, benefiting from operating leverage and integration synergies.
Key Highlights – Q1FY26 (Consolidated):
- Revenue of ₹198.50 crores in Q1FY26, resulting in YoY growth of 27%.
- EBITDA of ₹43.51 crores in Q1FY26, resulting in YoY growth of 98%
- Profit before tax for the quarter is at ₹56.91 crores, resulting in YoY growth of 132%.
- Profit after tax for the quarter is at ₹47.06 crores, resulting in YoY growth of 106%.
Consolidated results for the quarter ended June 30th, 2025
Operational Highlights
- The Company attracted ~75 million average monthly unique visitors during Q1FY26, with 95% of the traffic being organic, underlining strong brand equity and content leadership.
- CarTrade Tech now has a presence in 500+ physical locations, including Shriram Automall, CarWale abSure & Signature dealers, and OLX India franchisees, strengthening its pan-India network and enabling last-mile connectivity.
- Its leading digital platforms—CarWale, BikeWale, and OLX India—each cater to more than 150 million annual unique visitors, underscoring the scale and depth of engagement across the ecosystem.
- The remarketing business achieved an annualized run-rate of 1.4 million listings for auction, reinforcing its leadership in vehicle remarketing.
Commenting on the company’s performance, Mr. Vinay Sanghi, Chairman and Founder, CarTrade
Tech, said, “We are pleased to report a strong start to FY26 with Revenue of ₹198.5 crores, up by 27% year-onyear, and profit after tax of ₹47.06 crores, growing by 106%. This quarter’s performance, reflecting our highest ever in both revenue and profit, is a testament to the strength of our ecosystem and the efficiency of our platform-led model. The consistent growth across our Consumer, Remarketing, and
OLX India businesses highlights the depth of our offerings and the trust we have built with customers and partners.
We remain focused on driving innovation and have recently intensified our AI-led initiatives to enhance customer experience, improve operational efficiency, and enable smarter, data-driven decision-making across platforms. Our continued investments in technology, data science, and automation will play a pivotal role as we scale further and unlock new value across all our digital platform”
